Expectations, rationality and economic performance
:models and experiments
/ Tobias F. Rotheli
Cheltenham, UK ; Northampton, MA
: E. Elgar,
, c2007.
x, 202 p
. ill. 24 cm.
Language: انگلیسی
Print
ng
Includes bibliographical references (p. 180-192) and index.
Markets and expectations -- Expected utility maximization -- Effects of heterogeneous expectations -- Forecasting among alternative strategies under uncertainty -- Expectations in time series models -- Costly information and decision making -- Applied welfare economics with boundedly rational expectations -- Pattern recognition as basis of expectations -- Pattern-based expectations and financial markets -- Anticipation and coordination failures -- Money, transactions and expectations.